Mat Sar
Mat Sar shows consistent revenue growth and asset accumulation with no reported officer compensation.
EIN: 200475618 · Wasilla, AK · NTEE: M23 · Updated: 2026-03-28
Is Mat Sar Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mat Sar directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mat Sar
Mat Sar (EIN: 200475618) is a nonprofit organization based in Wasilla, AK, classified under NTEE code M23. The organization reported total revenue of $596K and total assets of $104K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mat Sar's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mat Sar is a small nonprofit that has been operating for 12 years, with 10 years of IRS 990 filings on record (2008–2022). Revenue has grown at a compound annual rate of 21.5%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $63K |
| Total Expenses | $57K |
| Surplus / Deficit | +$6K |
| Total Assets | $79K |
| Total Liabilities | $423 |
| Net Assets | $79K |
| Operating Margin | 9.1% |
| Debt-to-Asset Ratio | 0.5% |
| Months of Reserves | 16.6 months |
Financial Health Grade: A
In 2022, Mat Sar reported a surplus of $6K with revenue exceeding expenses, holds 16.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.5% (very low leverage).
Financial Trends
Over 10 years of filings (2008–2022), Mat Sar's revenue has grown at a compound annual growth rate (CAGR) of 21.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -5.3% | +34.7% | +7.6% |
| 2021 | -20.0% | +3.7% | +49.3% |
| 2020 | +1136.4% | +483.3% | +410.6% |
| 2015 | -25.6% | -19.1% | -3.1% |
| 2014 | +125.4% | +86.5% | +182.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Mat Sar with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Mat Sar allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $6K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.5%.
Executive Compensation Analysis
Mat Sar has consistently reported 0% officer compensation across all provided filings, indicating that its leadership is either entirely volunteer-based or compensated through other means not categorized as officer compensation, which suggests a highly cost-efficient administrative structure for an organization of its size.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Mat Sar:
- Consistent revenue growth, from $4,002 in 2013 to $62,903 in 2022.
- Healthy asset accumulation, reaching $79,231 in 2022.
- 0% reported officer compensation across all filings, indicating high efficiency.
- Consistent operating surpluses in recent years (e.g., $62,903 revenue vs. $57,188 expenses in 2022).
- Low liabilities relative to assets, indicating strong financial solvency.
Frequently Asked Questions about Mat Sar
Is Mat Sar a legitimate charity?
Based on AI analysis of IRS 990 filings, Mat Sar (EIN: 200475618) appears legitimate. Mission Score: 85/100. 0 red flags identified, 5 strengths noted.
How does Mat Sar spend its money?
Mat Sar directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Mat Sar tax-deductible?
Mat Sar is registered as a tax-exempt nonprofit (EIN: 200475618). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Mat Sar a good charity?
Based on the provided financial data, Mat Sar appears to be a well-managed organization with consistent revenue growth and asset accumulation. The absence of officer compensation suggests a strong commitment to directing resources towards its mission. However, without specific program expense details, a full assessment of its programmatic impact is limited.
How has Mat Sar's financial health changed over time?
Mat Sar has shown significant financial growth and improved health over the past decade. Revenue increased from $4,002 in 2013 to $62,903 in 2022, and assets grew from $3,523 to $79,231 in the same period, indicating a positive trend in financial stability and capacity.
What is Mat Sar's approach to executive compensation?
Mat Sar has reported 0% officer compensation in all available filings, suggesting a volunteer-driven leadership model or that executive roles are not compensated, which is a strong indicator of financial efficiency.
Does Mat Sar have a strong financial reserve?
With assets of $79,231 in 2022 and liabilities of $423, Mat Sar has a strong net asset position. This indicates a healthy financial reserve relative to its annual expenses, providing stability and capacity for future operations.
Filing History
IRS 990 filing history for Mat Sar showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2008–2022), Mat Sar's revenue has grown by 1425.7%, moving from $4K to $63K. Total assets increased by 3940.3% over the same period, from $2K to $79K. Total functional expenses rose by 1185.1%, from $4K to $57K. In its most recent filing year (2022), Mat Sar reported a surplus of $6K, with revenue exceeding expenses. The organization holds $423 in liabilities against $79K in assets (debt-to-asset ratio: 0.5%), resulting in net assets of $79K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $63K | $57K | $79K | $423 | — | View 990 |
| 2021 | $66K | $42K | $74K | $546 | — | View 990 |
| 2020 | $83K | $41K | $49K | $199 | — | View 990 |
| 2015 | $7K | $7K | $10K | $0 | — | View 990 |
| 2014 | $9K | $9K | $10K | $0 | — | View 990 |
| 2013 | $4K | $5K | $4K | $0 | — | View 990 |
| 2011 | $5K | $4K | $4K | $0 | — | View 990 |
| 2010 | $3K | $4K | $3K | $0 | — | View 990 |
| 2009 | $13K | $11K | $3K | $0 | — | View 990 |
| 2008 | $4K | $4K | $2K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $63K, expenses of $57K, and assets of $79K (revenue -5.3% year-over-year).
- 2021: Revenue of $66K, expenses of $42K, and assets of $74K (revenue -20.0% year-over-year).
- 2020: Revenue of $83K, expenses of $41K, and assets of $49K (revenue +1136.4% year-over-year).
- 2015: Revenue of $7K, expenses of $7K, and assets of $10K (revenue -25.6% year-over-year).
- 2014: Revenue of $9K, expenses of $9K, and assets of $10K (revenue +125.4% year-over-year).
- 2013: Revenue of $4K, expenses of $5K, and assets of $4K (revenue -15.4% year-over-year).
- 2011: Revenue of $5K, expenses of $4K, and assets of $4K (revenue +43.7% year-over-year).
- 2010: Revenue of $3K, expenses of $4K, and assets of $3K (revenue -73.8% year-over-year).
- 2009: Revenue of $13K, expenses of $11K, and assets of $3K (revenue +204.4% year-over-year).
- 2008: Revenue of $4K, expenses of $4K, and assets of $2K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mat Sar:
Data Sources and Methodology
This transparency report for Mat Sar is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.